INFOGRAPHIC equivalents and lack of incentives to opt for the cleaner option .
Led by the ITA and endorsed by The Glasgow Finance Alliance for Net Zero ( GFANZ ), the coalition from more than 50 countries , calls for governments to deploy policy measures in the open letter :
• Supporting global carbon pricing and fuel standard measures
• Setting and enforcing mandatory quotas for low and near zero carbon fuels and products
• Setting mandatory targets for low and near zero carbon materials in public procurement
• Setting stringent and progressively tightening limits on whole life carbon
• Implementing mechanisms that help bridge the price gap between green commodities and potential buyers
Alongside the letter , the ITA has published a Green Demand Policy Playbook setting out
GOVERNMENTS MUST URGENTLY ACT TO STIMULATE DEMAND FOR GREEN MATERIALS , CHEMICALS AND FUELS TO ACCELERATE THE DECARBONISATION OF THE WORLD ’ S HIGHEST-EMITTING INDUSTRIES , ACCORDING TO 40 + BUSINESS / FINANCE LEADERS AND COALITIONS .
evidence-based policy measures available to governments to increase demand for low and near zero carbon materials , chemicals and fuels so as to unlock supply . x www . intelligentcxo . com
19